The crypto market is in bad shape. Many investors sell their holdings on risky assets, causing the price of crypto assets to drop drastically. The sell-off occurred because investors began to look panicked and distrustful of the crypto market and tried to sell the riskiest assets due to potential macroeconomic headwinds and rising interest rates. This caused yesterday's crypto price trading to actually drop and finally people were afraid that this case would happen like TerraUSD, because the scale was bigger. Bitcoin price will be at support level at US$ 20,000, resistance at US$ 34,000. Meanwhile, ETH currently supports US $ 1000 and the next resistance level is at US $ 1400. So if you want a safe investment in Bitcoin but if you really like alt coins, choose an alt coin that has a staking feature. So at least if the price goes down we still get interest or dividends. Remember the disclaimer on, investing in Bitcoin or other cryptocurrencies is high risk. All crypto investment losses are your sole responsibility.
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